Sale of the Company. In connection with any Sale of the Company, unless otherwise determined by the Manager, the aggregate cash, securities and other property to be received in such Sale of the Company as consideration in respect of the Units shall be allocated in such Sale of the Company among the Holders as if such consideration were Distributed by the Company to the Holders pursuant to the provisions of Section 4.2(a).
Appears in 11 contracts
Samples: Operating Agreement (Stack Rock Capital, L.L.C.), Operating Agreement (Boise White Paper Sales Corp.), Operating Agreement (Boise White Paper Sales Corp.)
Sale of the Company. In connection with any Sale of the Company, unless otherwise determined by the ManagerBoard, the aggregate cash, securities and other property to be received in such Sale of the Company as consideration in respect of the Units shall be allocated in such Sale of the Company among the Holders as if such consideration were Distributed by the Company to the Holders pursuant to the provisions of Section 4.2(a4.2(b).
Appears in 8 contracts
Samples: Operating Agreement, Operating Agreement (Officemax Inc), Operating Agreement (Officemax Inc)
Sale of the Company. In connection with any Sale of the Company, unless otherwise determined by the ManagerManagers, the aggregate cash, securities and other property to be received in such Sale of the Company as consideration in respect of the Units shall be allocated in such Sale of the Company among the Holders as if such consideration were Distributed distributed by the Company to the Holders pursuant to the provisions of Section 4.2(a).
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (US Power Generating CO)